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WTI 08Aug

|Includes: iPath S&P Crude Oil Total Return Index ETN (OIL), USO
Summary

Globex False Breakout To 49.79s Abv Mon’s High, Price Discovery Lower To 48.86s Into NY.

Responsive Buying Interest There, Short Covering & Balance Development, 48.86s-49.60s.

Focus into Wed’s auction on response Tue’s Key Demand Cluster, 48.90s-49.15s, within context of maturing D-shape Cluster, 50.40s-48.50s.